Economic slowdown

World braces for recession as coronavirus pandemic threat grows

The world prepared for a coronavirus pandemic on Friday as hopes the disease could be contained to China vanished and investors dumped equities in expectation of a global recession. Share prices were on track for the worst week since the global financial crisis in 2008 as virus-related disruptions to international travel and supply chains fuelled fears of a recession in the United States and the Eurozone.

Feb 28, 2020, 12:19 PM IST

Centre does not acknowledge 'slowdown', corrective action unlikely: Ex-PM Manmohan Singh

Former PM Manmohan Singh on Wednesday (February 19) said the current government does not acknowledge the word "slowdown" and it is highly unlikely that the current dispensation will be able to take corrective action to boost the Indian economy.

Feb 20, 2020, 06:48 AM IST

GDP plummets to 4.5% in Q2 FY20; here are some quick reactions

Chief Economic Advisor KV Subramanian on Gross Domestic Product (GDP) data said "We are saying again that the fundamentals of the Indian economy continue to be strong. GDP is expected to pick in Quarter 3." 

Nov 29, 2019, 18:46 PM IST

India's July-September quarter GDP growth rate at 4.5%; lowest in 6 years

According to the data released by the government, India's GDP grew at a measly 4.5 per cent in the July-September quarter of this fiscal. 

Nov 29, 2019, 17:50 PM IST

Shiv Sena attacks Centre again, says economy declining, rate of unemployment at an all-time high

 The Sena editorial stated that the economic growth rate has declined to the lowest level in the past 15 years despite tall claims made by the Centre.

Nov 22, 2019, 07:59 AM IST

Congress to hold mass protest rally at Delhi Ramlila Maidan on Nov 30 over economic slowdown

According to party leaders, the rally will be addressed by the party interim Chief Sonia Gandhi, former party President Rahul Gandhi and general secretary Priyanka Gandhi Vadra.

Nov 16, 2019, 14:10 PM IST

Opposition to protest against Centre over economic slowdown in and outside Parliament

An array of leaders from as many as 13 Opposition parties met on Monday at the Constitutional Club in Delhi, to discuss the issues related to the economy and the ongoing Regional Comprehensive Economic Partnership (RCEP) negotiations in Bangkok, with emphasis on their implications in India.

Nov 04, 2019, 17:30 PM IST

Rahul Gandhi leaves for abroad ahead of Congress protests on economic slowdown

The Congress will hold 35 press conferences between one-eight November, Congress will also hold protests from November 5-15 to highlight the country`s current economic situation. Senior party leaders will address these press conferences.

Oct 30, 2019, 13:17 PM IST

Ahead of Parliament session, Congress plans massive protest against Centre over economic slowdown

Ahead of Parliament's Winter Session, which is scheduled to commence from November 18, the main opposition party Congress is planning to hit the streets to protest against the Centre over the issue of economic slowdown. 

Oct 23, 2019, 06:55 AM IST

Priyanka Gandhi attacks government, says your job is to improve economy, not run a comedy circus

Congress General Secretary Priyanka Gandhi Vadra on Saturday lashed out at the government and said that their job was to "improve the economy" and not "run a comedy circus". Priyanka was responding to Union Minister Piyush Goyal's statements on Nobel laureate Abhijit Banerjee.

Oct 19, 2019, 16:31 PM IST

Nirmala Sitharaman calls for 'concerted action' against economic slowdown at IMF

Union Finance Minister Nirmala Sitharaman on Friday gave a clarion call for ‘concerted action’ to mitigate the disruption on account of synchronous slowdown and to invoke the spirit of multilateralism for global growth during an annual meeting plenary session of the International Monetary Fund (IMF) and the World Bank Group held in US.

Oct 19, 2019, 14:44 PM IST

Govt handling economy well, crisis began when Manmohan Singh was PM and Raghuram Rajan RBI governor: FM Nirmala Sithraman

FM Sitharaman further said, ''We do have a listening government which responds to the affected sectors.''

Oct 18, 2019, 09:54 AM IST

Three movies earning Rs 120 cr on the day of release proves economy is sound: RS Prasad

Union Minister Ravi Shankar Prasad on Saturday refuted the worries surrounding the economic slowdown and cited the earnings of three blockbuster movies in a single day to suggest that the economy was sound.

Oct 12, 2019, 18:16 PM IST

Left parties to hold week-long nationwide agitation against Centre over economic slowdown

The Left parties had last month announced a protest on October 10 and 16 to press for their demands which also include stopping privatisation of the public sector and raising the minimum monthly old age and widow pension to Rs 3,000.

Oct 10, 2019, 06:32 AM IST

India way ahead of China, US in terms of GDP growth rate: Giriraj Singh on economic slowdown

Union Minister Giriraj Singh on Saturday highlighted the achievements of Narendra Modi-led NDA government while stating that the entire world is witnessing a wave of economic slowdown, and not just India.

Sep 28, 2019, 19:29 PM IST

Rahul Gandhi takes a jibe on Howdy-Modi, says no event can hide the reality of India's economic mess

Union Finance Minister Nirmala Sitharaman announced mega corporate tax cut which led to the mega-market gain on Friday. 

Sep 20, 2019, 16:21 PM IST

Howdy economy doing, Mr Modi: Rahul Gandhi takes a dig at PM's 'Howdy, Modi' event in US

More than 50,000 Indian-Americans from across the US have registered for the September 22 mega "Howdy, Modi! Shared Dreams, Bright Futures" event to be held in Houston.

Sep 18, 2019, 19:43 PM IST

After uproar, Labour Minister Santosh Gangwar clarifies over 'north Indians not fit for jobs' remark

A statement made by Labour Minister Santosh Gangwar on the issue of lack of job opportunities had triggered a major political uproar.

Sep 16, 2019, 10:04 AM IST

Tough time will pass, says Nitin Gadkari on slowdown in Indian economy

Union minister Nitin Gadkari said that the Centre is committed to push the growth rate and is taking measures to boost the flagging economy.

Sep 15, 2019, 08:16 AM IST

FM Nirmala Sitharaman set to announce 'important' measures on Saturday to arrest economic slowdown

Sources suggest the FM may announce sector-specific developments and big packages to boost growth and employment.

Sep 14, 2019, 10:26 AM IST